Closing Bell: Broader markets trailed gains in benchmark indices. The BSE Midcap and Smallcap indices closed up to 0.2 per cent lower

MARKET LIVE: Sensex, Nifty hold tepid cuts; Midcaps trail, Voda Idea up 7%

<div>
	<strong>CLOSING BELL:&nbsp;</strong>Following a sharp selloff over the last two days, equity markets were in a tight grip of volatility on Monday with benchmark indices managing to eke out nominal gains by close. The BSE Sensex oscillated 945 points between gains and losses during the day. It touched an intra-day low of 58,699 to eventually recover and close 170 points higher at 59,500. The NSE Nifty also rose 243 points from its day&#39;s low to end at 17,649, up 45 points.&nbsp;</div>
<br />
<div>
	The top stocks that helped the indices edge higher included Adani Enterprises, Bajaj twins, Ultratech Cement, HCL Tech, NTPC, Asian Paints, Infosys, Wipro, Maruti and Reliance, which gained 1-5 per cent.<br />
	<br />
	On the flip side, Power Grid, L&T, IndusInd Bank, Bajaj Auto, HUL, Tata Steel and JSW Steel were the leading frontline losers that dropped up to 3 per cent.&nbsp;</div>
<br />
<div>
	Meanwhile, broader markets trailed gains in benchmark indices. The BSE Midcap and Smallcap indices closed up to 0.2 per cent lower. Among sectors, Nifty IT gained the most by 1 per cent followed by PSB index, while oil & gas pocket was the top loser, down over 3 per cent.&nbsp;</div>
<br />
<div>
	<strong>Buzzing stocks</strong></div>
<br />
<div>
	Adani group stocks were mixed on Monday with Adani Enterprises, Ambuja Cements and ACC gaining 1.4-4 per cent following the group&#39;s detailed rebuttal to allegations made by Hindenburg Research. While Adani Transmission, Adani Total Gas, Adani Green ended 15-20 per cent lower. Adani Wilmar, Adani Power and NDTV lost 5 per cent each. With this, the group&#39;s market rout has exceeded $66 billion. <a href="https://www.business-standard.com/article/markets/adani-group-s-market-rout-hits-66-bn-as-fight-with-hindenburg-escalates-123013000385_1.html" target="_blank"><strong>READ</strong></a></div>
<br />
<div>
	Meanwhile, <strong>Bajaj Finance</strong> was the top index winner that ended around 5 per cent higher on reporting its highest-ever consolidated quarterly profit of Rs 2,973 crore in Q3. <a href="https://www.business-standard.com/article/markets/bajaj-finance-surges-5-on-record-quarterly-profit-123013000276_1.html" target="_blank"><strong>READ</strong></a></div>
<br />
<div>
	<strong>Quiet response to Adani Ent&#39;s OFS</strong></div>
<br />
<div>
	As of 3:40 pm, Adani Enterprises&#39; OFS had been subscribed only 2 per cent with bids made for 9,10,140 shares versus 4,55,06,791 shares on offer. The stock ended at Rs 2878.5,&nbsp;down 8.1 per cent over the floor price of the OFS.&nbsp;</div>

Sensex ends choppy day 170 pts up, Nifty at 17,650; IT stocks lead gains

Business Standard

Sensex ends choppy day 170 pts up, Nifty at 17,650; IT stocks lead gains | News on Markets - Business Standard

Global Update :: US indices end higher Friday; Nasdaq gains nearly 1%

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Track all the latest, market-related updates here

TECHNICAL OUTLOOK: Gaurav Ratnaparkhi, Head of Technical Research, Sharekhan by BNP Paribas

<blockquote>
	<p>
		Continuing with the bearish momentum from the last week the Nifty opened gap down &amp; went down to breach the last week&rsquo;s low of 17493. On the downside it received support near 17400 &amp; recovered sharply towards the end of the session, resulting in a positive daily close. Consequently, the Nifty managed to hold above the 61.8% retracement of the Sept &ndash; Dec 2022 rise &amp; 200 DEMA, which are near 17550. This makes today&rsquo;s low of 17405 a crucial support. On the higher side, the index can test 17800, which will now act as a resistance as per the principle of role reversal.</p>
	<div style="float: left; max-width: 600px;">
		<img align="" alt="BSE" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-08/10/full/1660137712-3482.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="BSE" width="620" /></div>
</blockquote>
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Over 1,500 stocks advanced, while 2,040 declined

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Power Grid, Bajaj Auto, IndusInd Bank top Nifty50 losers

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Bajaj Finance, Adani Enterprises, Ultratech Cement top Nifty50 gainers

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CLOSING BELL: Nifty50 closes firmly at 17,650 levels

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CLOSING BELL: Sensex rises over 150 pts to close at 59,500

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ALERT: SRF gains 2% after revenue grows 4% YoY in Q3FY23

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Indian Bank nears 52-week high in a weak market; stock up 19% in 3 months

Indian Bank nears 52-week high in a weak market; stock up 19% in 3 months.&nbsp;<a href="https://www.business-standard.com/article/markets/indian-bank-gains-5-in-weak-mark-trades-near-52-week-high-123013000652_1.html?1675071867" target="_blank"><strong>READ MORE</strong></a><br />
<div style="float: left; max-width: 600px;">
	<div style="float: left; max-width: 600px;">
		<img align="" alt="bse" class="imgCont" height="413" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-07/28/full/1658980930-44.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="" width="620" /></div>
</div>
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Global Check:: US, UK stock futures down up to 1%

<div style="float: left;">
	<img align="left" alt="chart" class="imgCont" height="395" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-01/30/full/1675071051-7656.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="620" />
	<div style="float: left; clear: both; font-style:italic; padding: 10px 10px 10px 0px; width:620px;">
		Source: Investing.com</div>
</div>
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Europe steps up rollback of Russia energy ties with ban on diesel import

<div>
	Europe is taking another big step toward cutting its energy ties with Russia, banning imports of diesel fuel and other products made from crude oil in Russian refineries. <a href="https://www.business-standard.com/article/international/europe-steps-up-rollback-of-  russia-energy-ties-with-ban-on-diesel-import-123013000502_1.html?1675069726" target="_blank"><strong>READ MORE</strong></a><br />
	<br />
	<div style="float: left; max-width: 600px;">
		<img align="" alt="Russian President Vladimir Putin" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-12/09/full/1670597740-7941.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="Russian President Vladimir Putin" width="620" /></div>
</div>
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Earnings Alert: Gail India Q3 net slumps 92%; stock slips 5%

Gail India Q3 net plunged 92.5 per cent to Rs 245.73 crore for the quarter ended December 2022 when compared with Rs 3,287.99 crore in the corresponding quarter a year ago. Total income was up 36.5 per cent YoY at Rs 36,069 crore.<br />
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	<img align="left" alt="chart" class="imgCont" height="401" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-01/30/full/1675069277-0234.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="620" /></div>
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BSE 500:: EID Parry, BEL, Adani Group stocks among top losers

Adani Total Gas, Adani Transmission and Adani Green were locked at the 20 per cent lower circuit and were the top losers among the BSE 500 stocks. EID Parry and Bharat Electronics, down 7 - 8 each were the other major losers so far on Monday. <a href="https://www.business-standard.com/stocks/market-statistics/bse/top-losers?indices=21552" target="_blank"><strong>VIEW MORE</strong></a><br />
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<div style="float: left;">
	<img align="left" alt="chart" class="imgCont" height="389" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-01/30/full/1675068378-3554.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="620" /></div>
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Earnings Alert: Bajaj Finserv Q3 net jumps 42%; stock up

Bajaj Finserv reported a 41.9 per cent growth in Q3 net profit at Rs 1,782.02 crore for the quarter ended December 2022 as against Rs 1,255.79 crore in the corresponding quarter a year ago. Total income was up 23.5 per cent YoY at Rs 21,755.35 crore.<br />
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<div style="float: left;">
	<img align="left" alt="chart" class="imgCont" height="401" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-01/30/full/1675067353-4422.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="620" /></div>
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FM should cut cess, taxes on fuels and surcharge on income tax: Chidambaram

Finance minister Nirmala Sitharaman should put more money in hands of the people by cutting cess and taxes on fuels as well as surcharge on personal income tax, Congress leader and former finance minister P Chidambaram has said days ahead of the Budget. <a href="https://www.business-standard.com/budget/article/fm-should-cut-cess-taxes-on-fuels-and-surcharge-on-income-tax-chidambaram-123013000401_1.html" target="_blank"><strong>READ MORE</strong></a><br />
<br />
<div style="float: left; max-width: 600px;">
	<img align="" alt="P Chidambaram" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2019-12/06/full/1575575391-3774.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="P Chidambaram" width="620" /></div>

Global Check:: Mixed outing for Asian shares; Taiwan soars 3.7%; Hang Seng cracks 2.8%

<div style="float: left;">
	<img align="left" alt="chart" class="imgCont" height="412" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-01/30/full/1675065494-8027.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="620" />
	<div style="float: left; clear: both; font-style:italic; padding: 10px 10px 10px 0px; width:620px;">
		Source: Yahoo Finance</div>
</div>
<br />

BSE 500:: Aegis Logistics, Indus Towers, Voda Idea among top gainers

Aegis Logistics up over 13 per cent was the top gainer among the BSE 500 stocks so far on Monday. It was followed by Indus Towers, Vodafone Idea, Intellect Design and Easy Trip Planners, up 6 - 7 per cent each. <a href="https://www.business-standard.com/stocks/market-statistics/bse/top-gainers?indices=21552" target="_blank"><strong>VIEW MORE</strong></a><br />
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<div style="float: left;">
	<img align="left" alt="chart" class="imgCont" height="389" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-01/30/full/1675064586-1348.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="620" /></div>
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MARKET CHECK: Sensex edging lower, drops 300 pts

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Will Budget 2023-24 be populist or pragmatic? Brokerages weigh in

<div>
	Will the government go all out to woo voters with populist schemes in its last full Budget before of the general elections in 2024, or will it toe the line of fiscal prudence? What can retail investors and India Inc hope for? <a href="https://www.business-standard.com/article/markets/will-the-budget-2023-be-populist-or-pragmatic-brokerages-weigh-in-123012900590_1.html" target="_blank"><strong>Read more</strong></a></div>
<div>
	<img alt="Illustration: Ajay Mohanty" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-01/22/full/1674404955-9389.jpg?im=Resize,width=640" /></div>

Adani group's market rout hits $66 bn as fight with Hindenburg escalates

<div>
	The Adani Group took another blow on Monday, with the stock rout growing to $66 billion and its dollar bonds sold as the fight with short seller Hindenburg Research escalated. <a href="https://www.business-standard.com/article/markets/adani-group-s-market-rout-hits-66-bn-as-fight-with-hindenburg-escalates-123013000385_1.html" target="_blank"><strong>Read more</strong></a></div>
<div>
	<img alt="Photo: Bloomberg" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-10/13/full/1665644110-5706.jpg?im=Resize,width=640" /></div>

Sun Pharma nears 52-week high ahead of Q3 results; stock up 7% in a month

<div>
	Shares of Sun Pharmaceutical Industries gained 2.5 per cent to Rs 1,069.40 in Monday&rsquo;s intra-day trade and quoted close its 52-week high level ahead of the December quarter results (Q3FY23) due Tuesday, January 31, 2023. In comparison, the S&amp;P BSE Sensex was down 0.24 per cent at 59,185 at 11:17 am. <a href="https://www.business-standard.com/article/markets/sun-pharma-gains-over-2-nears-52-week-high-ahead-of-q3-results-123013000354_1.html?1675059972" target="_blank"><strong>Read here</strong><br />
	<img alt="Sun Pharma" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-05/27/full/1622112401-801.jpg?im=Resize,width=640" /></a></div>

Rail Vikas, Titagarh: Bullish trend in railway-related stocks may continue

<div>
	Despite the domestic market witnessing rout in the last week, with the BSE Sensex and Nifty 50 plummeting 2.70 per cent and 2.80 percent, respectively, in the previous two sessions, shares of railway-related companies will be in the limelight ahead of the Union Budget. <a href="https://www.business-standard.com/article/markets/rail-vikas-titagarh-bullish-trend-in-railway-related-stocks-may-continue-123013000346_1.html?1675060493" target="_blank"><strong>Read more</strong><br />
	<img alt="Indian Railways deemed to cancel up to 170 trains on August 11." src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-08/11/full/1660193829-8368.jpg?im=Resize,width=640" /></a></div>

OPINION: Adani strikes back at Hindenburg. But can he win the perception war?

<div>
	Following the Hindenburg report, the Adani Enterprises Ltd. stock nosedived by nearly 20% over two trading days last week and closed at slightly above 2,761 rupees on Friday. In other words, the firm is asking investors to buy something from it that&rsquo;s available in the market for less. <a href="https://www.business-standard.com/article/companies/adani-strikes-back-at-hindenburg-but-can-he-win-the-perception-war-123013000268_1.html" target="_blank"><strong>Read here</strong><br />
	<img alt="Adani, Gautam Adani" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-09/06/full/1662456314-2542.jpg?im=Resize,width=640" /></a></div>

Adani rebuttal to Hindenburg fails to stem concern, bond plunge quickens

Hindenburg said last week that it had taken a short position in Adani&#39;s companies through US-traded bonds and non-Indian-traded derivative instruments. <a href="https://www.business-standard.com/article/markets/adani-rebuttal-to-hindenburg-fails-to-stem-concern-bond-plunge-quickens-123013000294_1.html?1675057547" target="_blank"><strong>READ MORE</strong></a><br />
<div style="float: left; max-width: 600px;">
	<img align="" alt="Minority shareholders gain focus amid Adani-NDTV ownership battle" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-08/24/full/1661363596-3564.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="Adani group, Adani-NDTV" width="620" /></div>
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Union Budget likely to test govt's fiscal resolve ahead of 2024 elections

<div>
	India will unveil its budget Wednesday, testing Prime Minister Narendra Modi&rsquo;s fiscal mettle seen as key to boosting investor sentiment even as it will likely leave less room for handouts a year before he seeks a third term. <a href="https://www.business-standard.com/article/economy-policy/union-budget-likely-to-test-govt-s-fiscal-resolve-ahead-of-2024-elections-123013000081_1.html" target="_blank"><strong>Read here</strong><br />
	<img alt="PM Modi" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-11/25/full/1669382087-8922.jpg?im=Resize,width=640" /></a></div>

Infibeam gains 1% after payment brand gets access to process CBDC transactions

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Bajaj Finance surges 5% on record quarterly profit

The consumer financier reported its highest-ever quarterly profit at Rs 2,973 crore in Q3FY23, up 40% YoY, aided by a healthy rise in NII and drop in provisions and contingencies. <a href="https://www.business-standard.com/article/markets/bajaj-finance-surges-5-on-record-quarterly-profit-123013000276_1.html?1675056247" target="_blank"><strong>READ MORE</strong></a><br />
<div style="float: left; max-width: 600px;">
	<img align="" alt="Bajaj Finance Limited" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-05/10/full/1652169962-791.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="Bajaj Finance Limited" width="620" /></div>
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Genus Power surges 6% after it bags order worth Rs 2,855.96 crore

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Adani Green, Adani Trans, Adani Gas still in freefall; down up to 20%

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Borosil up 1% after the company started trial production from SG-3 solar glass furnace

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ALERT: No change to Adani's FPO pricing, will proceed as per schedule, says Group CFO

&gt;&gt; Adani Group CFO Jugeshinder &#39;Robbie&#39; Singh told<em> CNBC-TV18</em> in an interview that the FPO would proceed with the current pricing and the current timelines.<br />
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<div style="float: left; max-width: 600px;">
	<img align="" alt="Adani to unlock value in airports, data centres in future, says group CFO" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-01/22/full/1674370561-6496.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="Robbie Singh, Group CFO, Adani Enterprises" width="620" /></div>
<br />

Data Patterns surges 13% on strong Q3 results, healthy order book position

With the expectation of new orders in Q4, the management said the company is focused on improving execution effectiveness to promote operating leverage and maintaining a diversified order book. <a href="https://www.business-standard.com/article/markets/data-patterns-surges-13-on-strong-q3-results-healthy-order-book-position-123013000224_1.html?1675053778" target="_blank"><strong>READ MORE</strong></a><br />
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<div style="float: left; max-width: 600px;">
	<img align="" alt="stock market, trading, investors, investments" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-05/22/full/1621621810-0233.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="stock market, trading, investors, investments" width="620" /></div>
<br />

Budget 2023-24: Centre to target higher capex but lower fiscal deficit

Budget 2023-24: The Centre is expected to peg the fiscal deficit target for FY24 below 6 per cent, and the capex is likely to jump 20-30 per cent. <a href="https://www.business-standard.com/budget/article/budget-2023-24-centre-to-target-higher-capex-but-lower-fiscal-deficit-123013000209_1.html?1675053495" target="_blank"><strong>READ MORE</strong></a><br />
<div style="float: left; max-width: 600px;">
	<img align="" alt="n April 7, the AAP claimed that while the Bharatiya Janata Party-governed states were in huge debt, Delhi was the only “state” with a surplus Budget." class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-04/17/full/1650213991-3271.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="money, budget, rupee" width="620" /></div>
<br />

MARKET COMMENT: Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

<blockquote>
	<p>
		Today the market will be completely dominated by the movements in Adani stocks. The statement from Adani Enterprises that the FPO is on schedule and that there is no change in the price band is hugely important. This can be interpreted as a reflection of the confidence of the management in the success of the FPO. It is important to understand that the stock has limited public float. So, the price crash on Friday happened mainly due to shorting Adani stocks in general and Adani Enterprises in particular. One possibility is a big short-squeeze in the stock. Huge volatility is in store in Adani stocks today. The sustained selling by FPIs in January with a massive sell figure of Rs 5978 crores last Friday is a bit intriguing. Did the FPIs get wind of the storm blowing now? It is important to note that during the last 3 days while Nifty declined by 3.2 %, Bank Nifty declined by 6.3% on concerns of the Adani crisis impacting the banks. The correction in high quality private sector banks is a buying opportunity. Investors may wait for the dust to settle.</p>
</blockquote>

Adani Enterprises zooms 10% post clarification, other group stocks mixed

Adani Ports and Special Economic Zone (Rs 658.45) and Ambuja Cements (Rs 419.25), too, were locked in their respective 10 per cent upper circuits. <a href="https://www.business-standard.com/article/markets/adani-enterprises-zooms-10-post-clarification-other-group-stocks-mixed-123013000189_1.html?1675052594" target="_blank"><strong>READ MORE</strong></a><br />
<div style="float: left; max-width: 600px;">
	<img align="" alt="Photo: Bloomberg" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-10/13/full/1665644110-5706.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="Adani" width="620" /></div>
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Kajaria Ceramics skids 5% after 41% YoY drop in Q3's net profit

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Hi-tech pipes up 2% after net profit jumps 28% YoY in Q3FY23

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BEL declines 4% after net profit falls 2.02% QoQ in Q3FY23

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Tata Motors rises marginally after it hikes PV prices 1.2% from Feb 1

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Bajaj Finance climbs 3% after it clocks highest-ever quarterly profit in Q3

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Bajaj Finserv gains 2% ahead of Q3FY23 results

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SBI Life, HUL, Power Grid top Nifty50 losers

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Adani Ports, Adani Enterprises snap losses, turn top Nifty50 gainers

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Broader markets exhibit mixed trends; India VIX jumps 7%

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Nifty Metal, Nifty PSU Bank indices off to a decent start

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SENSEX HEATMAP: 14 out of 30 index constituents open in green

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OPENING BELL: Nifty50 opens below 17,500 levels, down 100pts

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OPENING BELL: Over 500pts fall for Sensex, opens below 59K-mark

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PRE-OPEN TRADE: Sensex slides over 150 points

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PRE-OPEN TRADE: Nifty50 trades below 17,550, down 50 points

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Rupee opens at 81.64/$ against previous close of 81.52/$

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Stocks to Watch: Adani Group, Bajaj Finance, Zomato, Tata Motors, L&T, NMDC

Stocks to watch today: In a 413-page document, Adani retaliated against the American short-seller, saying the document was a &quot;malicious combination of selective misinformation and concealed facts&quot; <a href="https://www.business-standard.com/article/markets/stocks-to-watch-today-adani-group-bajaj-finance-zomato-tata-motors-nmdc-vedanta-123013000097_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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Budget to focus on rural India, capex, and manufacturing push, as well as prioritising macro stability. <a href="https://www.business-standard.com/article/markets/will-the-budget-2023-be-populist-or-pragmatic-brokerages-weigh-in-123012900590_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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Rebound in Adani group stocks key to Rs 20,000-crore FPO's success

The FPO managed to garner bids worth Rs 150 crore on its first day amid an 18 per cent crash in AEL&#39;s stock. <a href="https://www.business-standard.com/article/markets/all-eyes-on-adani-stocks-as-rs-20-000-crore-fpo-fate-hangs-in-balance-123012900559_1.html" target="_blank"><strong>READ HERE</strong></a><br />
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	<img align="" alt="Gautam Adani" class="imgCont" height="463" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-01/26/full/1674707308-522.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="Gautam Adani" width="620" /></div>
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ALERT: Fraud Cannot Be Obfuscated By Nationalism, responds Hidenberg to Adani

&gt;&gt; We&nbsp;believe that fraud is fraud, even when it is perpetrated by one of the wealthiest individuals in the world.<br />
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&gt;&gt;&nbsp;Our report asked 88 specific questions of the Adani Group. In its response, Adani failed to specifically answer 62 of them. Instead, it mainly grouped questions together in categories and provided generalized deflections.<br />
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&gt;&gt;&nbsp;In its response, Adani did not seem to dispute the existence of these transactions and made no effort to explain their obvious irregularities. <a href="https://hindenburgresearch.com/adani-response/" rel="nofollow" target="_blank"><strong>READ FULL REPORT HERE</strong></a><br />

WATCH: Will Adani group stocks see more sell-off in the days ahead?

Adani Group&rsquo;s stocks have crashed by over 20% since US short-seller Hindenburg Research&rsquo;s negative report came out. So will the days ahead see the carnage continue? Or things will improve from here?<br />
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DIIs bought equities worth Rs 4,252 crore on January 27

FIIs sold equities worth Rs 5,978 crore on January 27

Brent crude prices climb 0.1% amid tensions in Middle East

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US equity futures tepid ahead of Fed's rate decision in the week

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Global Updates :: Most Asian indices gain on Monday

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Sensex ends choppy day 170 pts up, Nifty at 17,650; IT stocks lead gains

Closing Bell: Broader markets trailed gains in benchmark indices. The BSE Midcap and Smallcap indices closed up to 0.2 per cent lower

Global Update :: US indices end higher Friday; Nasdaq gains nearly 1%

Good morning, readers!